Korean Womens Association is a 501(c)(3) organization based in Lakewood, Washington, registered in 1979, with $67,817,738 in FY2023 revenue. CharityIndex grades it A+, and it directs about 99% of spending to programs.
Revenue (FY2023)
$67.8M
▼ 6.3% vs prior year
Human Services median: $293K
Expenses (FY2023)
$62.6M
Net assets
$41.3M
Employees
2,283
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Korean Womens Association: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Korean Womens Association: 8 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Korean Womens Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Korean Womens Association: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Kwa partners with diverse communities to empower individuals to live safe and dignified lives.
Senior meal site: this program, provides healthy ethnic meals, a lively atmosphere, opportunities for seniors to connect and engage in physical activity, participate in first-rate health and nutrition workshops, and receive assistance with navigating many social services such as medicaid, medicare, medicare part d insurance, housing assistance/referrals, basic food information & applications, low income subsidy program and energy assistance. kwa provides meal sites for korean meals, international meals, vietnamese meals, cambodian meals, and federal way mealsite.
We are family: the we are family program provides prevention and intervention services to women and children who are victims of domestic violence and sexual abuse. the program began in 1972 as kwa's first volunteer effort, a domestic violence support group. since then, kwa has expanded the program to provide services including counseling, bilingual support groups, family education programs, legal advocacy and assistance with court hearings, restraining orders, law enforcement reports, transitional/permanent housing and an emergency shelter. kwa's confidential emergency shelter provides 19 beds for women and children victims of domestic violence and sexual abuse for up to four months, service 115 clients and 15,000 meals annually.
Hotel olympus: hotel olympus apartment is a 49 residential unit and commercial space located in tacoma, washington. each building of the project was allocated low-income housing credits pursuant to irs code section 42 (section 42), which regulates the use of the project as to occupant eligibility and unit gross rent, among other requirements. each building of the project must meet the provision of these regulations during each of 15 consecutive years in order to remain qualified to receive the credits, even if disposition of the project by the owner occurs. the apartment manager works full-time and lives on site. she arranges community meals, assists tenants with understanding benefits for which they may be eligible, and refers them to other services that may help with their expendable income and connect them to opportunities for education and employment.
Revenue grew from $23.4M (FY2013) to $67.8M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.3M
Total liabilities
$9.0M
Net assets
$41.3M
Salaries & benefits
$56.2M
90% of expenses
Board members
7
7 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $67,817,738▼6.3% | $62,636,987▼7.8% | $41,328,161▲14.3% | $50,281,805▲12.1% | 990 |
| 2022 | $72,355,152▼5.6% | $67,903,073▼4.6% | $36,147,410▲14.0% | $44,870,929▲11.6% | 990 |
| 2021 | $76,666,055▲28.7% | $71,204,451▲33.6% | $31,695,331▲20.8% | $40,215,525▲18.7% | 990 |
| 2020 | $59,558,651▲34.9% | $53,294,664▲24.2% | $26,233,727▲31.4% | $33,868,628▲28.7% | 990 |
| 2019 | $44,149,874▲7.3% | $42,906,307▲10.2% | $19,969,740▲6.6% | $26,323,844▲2.3% | 990 |
| 2018 | $41,158,199▲11.8% | $38,932,700▲11.6% | $18,726,173▲13.5% | $25,735,763▲9.2% | 990 |
| 2017 | $36,799,712▲11.9% | $34,895,028▲10.5% | $16,500,674▲13.0% | $23,562,757▲6.0% | 990 |
| 2016 | $32,882,283▲8.8% | $31,583,658▲9.8% | $14,595,990▲9.8% | $22,226,312▲9.2% | 990 |
| 2015 | $30,212,677▲2.8% | $28,773,489▲9.8% | $13,297,365▲12.1% | $20,352,535▲10.6% | 990 |
| 2014 | $29,396,648▲25.4% | $26,208,216▲16.5% | $11,858,177▲41.8% | $18,399,393▲55.4% | 990 |
| 2013 | $23,443,358 | $22,505,340▲11.3% | $8,364,556▲12.7% | $11,839,516▲8.8% | 990 |
| 2012 | — | $20,227,968▼4.4% | $7,423,048▲6.8% | $10,884,149▼0.6% | 990 |
| 2011 | — | $21,168,362▼5.4% | $6,952,516▲2.8% | $10,948,416▲0.8% | 990 |
| 2010 | — | $22,379,000 | $6,766,297 | $10,864,576 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Sungyon Cheryl Lee — $199,810 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sungyon Cheryl Lee | Executive Director | 40 | $199,810 |
| Hwaja Lee | Director of Finance | 40 | $135,525 |
| Chongsun Abbott | Treasurer | 3 | — |
| Eunsung Kelly Liu | Director | 3 | — |
| Kelly Shim | Director | 2 | — |
| Kyung Ja Shin | Secretary | 4 | — |
| Myung Lae Park | Board Chair | 5 | — |
| Yoni Yi | Vice Chair | 4 | — |
| Young Goering | Director | 3 | — |
12 grants to Korean Womens Association totaling $409K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Council On Aging Inc | Support | 2023 | $90,000 |
| National Council On Aging Inc | Support | 2022 | $60,000 |
| The Seattle Foundation | Vaccination efforts in disproportionately impacted communities; programs/services to improve youth + caregiver behavioral health | 2021 | $65,000 |
| Multicare Health System | Contribution from the multicare community partnership fund, support the general operations | 2021 | $11,500 |
| The Seattle Foundation | To provide general support. | 2020 | $25,000 |
| The Albertsons Companies Foundation | General assistance | 2020 | $20,000 |
| Multicare Health System | General support | 2020 | $20,000 |
| Fred Hutchinson Cancer Center | To support korean womens association programs | 2020 | $16,650 |
| Fred Hutchinson Cancer Center | To support the cancer navigation program breast cancer screening events and cancer prevention education events | 2018 | $18,750 |
| Multicare Health System | Contribution from the multicare community partnership fund to improve behavioral health equity initiative | 2016 | $30,000 |
| National Council On Aging Inc | Support | 2015 | $10,000 |
| National Council On Aging Inc | Support | 2014 | $42,000 |
1 grant totaling $153K in FY2018. All grants made by Korean Womens Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Destiny Church | Beacon and lighthouse senior centers | $153,281 |
Explore more
Data for Korean Womens Association (EIN 91-1066806) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.